Midway, our hosted, customizable middle and back office platform, is an integral part of Newport® OMS, which provides end-to-end order management, execution, and post-trade capabilities for broker dealers.
Using Midway, you can manage execution data, trade allocations, reference data, and confirmations in one integrated application, which you can customize to your specific business needs, workflow, and downstream connections. Additionally, Instinet offers a full suite of Commission management services, including aggregation.
Streamline allocation workflow with real time execution data on allocated, unallocated, or partially allocated trades.
Select the combination of solutions that fit your business, from calculation of fees, commissions, response to regulatory changes, and more.
Choose from a broad range of connectivity options to communicate with broker-dealers, custodians, and clearing agents, including FIX, MQ, and SFTP
Manage all your reference data in one place—customize static reference data management for client accounts, SSI’s, commission rates, and trade booking rules.
Midway is MiFID II compliant and supports research commission unbundling through Research Payment Account (RPA) programs in Europe.
Midway supports all Electronic Trade Confirmation (ETC) methodologies.
- Omgeo CTM
- U.S. domestic
- FIX 4.2 and 4.4 workflow
- Swift GETC
- MQ messaging
Integrated connections to clearing
Midway is integrated and live with a number of leading clearing firms, and offers straight-through processing into Instinet’s suite of global Agency clearing & settlement solutions.
